Stocks fly out of the gate as traders shrug off the 'Rexit'

Yahoo Finance Video

Yahoo Finance's Jared Blikre and Alexis Christoforous break down the latest market action after an eventful morning where stock futures jumped after the Consumer Price Index came in line with Wall Street expectations, then plummeted on the announcement that President Trump was firing Secretary of State Rex Tillerson. The major indices opened higher, led by tech chip stocks, continuing a three-day trend (despite Qualcomm trading lower after news that President Trump was also blocking the Broadcom merger based on national security concerns.)

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